Haw. Code R. § 6-4-6

Current through November, 2024

Section 6-4-6 - Application fee and fee agreement

A project party shall submit with the formal application described in the preceding section a non-refundable application fee in the amount of $1,000, payable by certified or cashier's check made payable to the department, and an executed copy of the prescribed form of fee agreement included in the loan application and review procedures. The fee agreement shall obligate the project party to reimburse the department and the State for any and all costs and expenses incurred in:

(1) The processing and reviewing of the project party's application for assistance under part II, chapter 39A, HRS, whether or not a loan is ultimately made to the project party; and

(2) The issuance of bonds to finance a loan to the project party.

The application fee shall be applied against amounts owing under the fee agreement.

Haw. Code R. § 6-4-6

[Eff DEC 4, 1981] (Auth: HRS § 26-38) (Imp: HRS § 39A-34)